{"id":2478813,"date":"2025-08-26T04:12:02","date_gmt":"2025-08-26T08:12:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/lisa-cook-says-shes-not-leaving-fed-reserve-says-trump-has-no-authority-to-fire-her\/"},"modified":"2025-08-26T04:14:23","modified_gmt":"2025-08-26T08:14:23","slug":"lisa-cook-says-shes-not-leaving-fed-reserve-says-trump-has-no-authority-to-fire-her","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/lisa-cook-says-shes-not-leaving-fed-reserve-says-trump-has-no-authority-to-fire-her\/","title":{"rendered":"Lisa Cook says she\u2019s not leaving Fed Reserve, says Trump has \u2018no authority\u2019 to fire her"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">32<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Flisa-cook-says-shes-not-leaving-fed-reserve-says-trump-has-no-authority-to-fire-her%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2478813&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The article reports on Federal Reserve Governor Lisa Cook&#8217;s refusal to leave her position after President Donald Trump announced he was firing her. Cook stated that Trump has no <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-chief-of-staff-biden-administration-taking-responsibility-for-covid-19-vaccines\/\" title=\"White House Chief of Staff: Biden Administration Taking Responsibility for COVID-19 Vaccines\">legal authority<\/a> to remove her and that she will not resign, continuing her work since 2022. Trump posted on Truth Social that he was terminating Cook &#8220;for cause,&#8221; citing alleged false statements in mortgage applications as justification under the Federal Reserve Act of 1913. Cook and her attorney, Abbe Lowell, disputed Trump&#8217;s claims, calling the firing attempt illegal and lacking proper legal process. Lowell emphasized they would take necessary actions to counter Trump&#8217;s attempt. As of the article&#8217;s publication, Trump had not responded to these statements. <br \/> <!DOCTYPE html><br \/>\n<?xml encoding=\"utf-8\" ?><html><body><\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Lisa Cook says she&rsquo;s not leaving Fed Reserve, says Trump has &lsquo;no <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidenbucks-plan-uses-native-american-kids-in-voting-scheme\/\" title=\"&#039;Bidenbucks&#039; Plan Uses Native American Kids In Voting Scheme\">authority&#038;rsquo<\/a>; to fire her<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2212359\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>Beleaguered Federal Reserve governor Lisa Cook said she is not leaving her position, despite President Donald Trump&rsquo;s <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/3762947\/trump-fires-fed-governor-lisa-cook\/\">announcement that he was firing her on Monday<\/a>.<\/p>\n<p>Cook made the revelation in a statement late Monday night, hours after Trump said he intended to remove Cook. Yet, she said she would not &lsquo;<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-calls-for-msnbcs-maddow-and-wallace-to-resign-washington-examiner\/\" title=\"... calls for MSNBC\u2019s Maddow and Wallace to &#039;...&#039; - Washington Examiner\">resign&#038;rsquo<\/a>; her position and claimed that the president had no &ldquo;authority&rdquo; to remove her.&nbsp;<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/world\/3782086\/hugo-gurdon-stabbing-germany-due-to-open-borders\/\">Hugo Gurdon says stabbing in Germany isn&#8217;t unique due to open borders<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/campaigns\/3782094\/utah-congressional-map-redrawn-2026-elections-judge\/\">Utah congressional map must be redrawn for 2026 elections, judge rules<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3782065\/trump-tariffs-countries-digital-taxes-us-tech-companies\/\">Trump threatens additional tariffs on countries imposing digital taxes on US tech companies<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>&ldquo;President Trump purported to fire me &lsquo;for cause&rsquo; when no cause exists under the law, and he has no authority to do so,&rdquo; Cook <a href=\"https:\/\/www.cnn.com\/2025\/08\/25\/business\/trump-fire-fed-governor\">said<\/a> in a statement. &ldquo;I will not resign. I will continue to carry out my duties to help the American economy as I have been doing since 2022.&rdquo;<\/p>\n<p>Trump <a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/115092130707196133\">posted<\/a> a letter to his Truth Social account announcing the decision to terminate Cook&rsquo;s employment. Trump cited his authority in the Constitution, referencing Article II and the Federal Reserve Act of 1913 in notifying Cook of her firing.&nbsp;<\/p>\n<p>    <iframe src=\"https:\/\/truthsocial.com\/@realDonaldTrump\/115092130707196133\/embed\" class=\"truthsocial-embed\" style=\"max-width: 100%; border: 0\" width=\"600\" allowfullscreen=\"allowfullscreen\"><\/iframe><script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script src=\"https:\/\/truthsocial.com\/embed.js\" async=\"async\"><\/script>    <\/p>\n<p>&ldquo;The Federal Reserve Act provides that you may be removed, at my discretion, for cause,&rdquo; read Trump&rsquo;s post. &ldquo;I have determined that there is sufficient cause to remove you from your position.&rdquo; Trump then referenced <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/3761502\/trump-fed-governor-cook-resign-pulte-mortgage-fraud\/\">previous mortgage applications of Cook&rsquo;s<\/a>, stating that &ldquo;there is sufficient reason to believe you may have <a href=\"https:\/\/amzn.to\/3YuVZYV\" >made false statements<\/a> on one or more mortgage agreements.&rdquo;&nbsp;&nbsp;<\/p>\n<p>Cook disagreed with this assessment. Her attorney echoed her sentiments and released a statement condemning Trump&rsquo;s decision, claiming it lacked &ldquo;legal authority.&rdquo;<\/p>\n<p>&ldquo;President Trump has taken to social media to once again &lsquo;fire by tweet&rsquo; and once again his reflex to bully is flawed and his demands lack any <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/psaki-pressed-on-biden-putting-migrants-in-hotels-while-national-guard-slept-in-d-c-parking-garages\/\" title=\"Psaki Pressed On Biden Putting Migrants In Hotels While National Guard Slept In D.C. Parking Garages\">proper process<\/a>, basis, or legal authority,&rdquo; <a href=\"https:\/\/www.politico.com\/news\/2025\/08\/25\/trump-says-hes-firing-federal-reserve-governor-lisa-cook-00523841\">said<\/a> Abbe Lowell, Cook&rsquo;s attorney.&nbsp;<\/p>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/policy\/immigration\/3758363\/alliterative-immigration-detention-centers-trump-branding\/\" target=\"_blank\" rel=\"noreferrer noopener\">ALLITERATIVE IMMIGRATION DETENTION CENTERS REFLECT TRUMP&rsquo;S BRANDING<\/a><\/strong><\/p>\n<p>&ldquo;We will take whatever actions are needed to prevent his attempted illegal action,&rdquo; Lowell added.<\/p>\n<p>As of early Tuesday morning, Trump had not responded to the statements by Cook or her attorney.<\/p>\n<\/div><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lisa Cook refuses to quit Fed Reserve, denies Trump&#8217;s firing power<\/p>\n","protected":false},"author":2677,"featured_media":2478814,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/08\/Lisa-Cook.webp?w=696","fifu_image_alt":"","footnotes":""},"categories":[33651,538],"tags":[61990,32663,6363,61989,3634],"class_list":["post-2478813","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","category-washington-examiner","tag-central-banking","tag-federal-reserve","tag-fired","tag-lisa-cook","tag-trump"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/08\/Lisa-Cook.webp?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2478813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2677"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2478813"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2478813\/revisions"}],"predecessor-version":[{"id":2478817,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2478813\/revisions\/2478817"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2478814"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2478813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2478813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2478813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}